Kalpataru bags orders worth Rs 1,057 crore

Engineering firm Kalpataru Power Transmission Ltd (KPTL) today said it has secured new orders worth Rs 1,057 crore.
"KPTL, a leading global EPC player in the power and infrastructure contracting sector has secured new orders/ notification of award of Rs 1,057 crore," a company statement said.
According to the statement, the company secured two orders worth Rs 913 crore for design, supply and construction of 500 kV and 225/90 kV transmission lines in Thailand and Africa.
Besides, it has got an order for pipeline installation and associated terminal works of Kochi Salem Pipeline Private Ltd (KSPPL) for Rs 144 crore. KSPPL is a 50:50 joint venture of Bharat Petroleum Corp and Indian Oil Corp.

"These orders in Southeast Asia and Africa help in building a solid base for growth in our International business. The order in our pipeline business highlights the confidence of our clients on us to deliver," Manish Mohnot, MD & CEO, KPTL said.
KPTL is an engineering firm engaged in power transmission and distribution; oil and gas pipeline; railways; infrastructure development; civil contracting and warehousing and logistics business with a strong international presence in power transmission and distribution.
The company is executing several contracts in India, Africa, the Middle East, CIS, SAARC and Far East.